Meyer Burger awarded another important order for around CHF 18 million by existing PV customer in China.
A further significant order has been awarded to Meyer Burger by a leading Chinese manufacturer in the solar industry for the delivery and installation of the MAiA 2.1 technology upgrade platform with the industry-leading upgrade cell technology MB PERC. The order is worth around CHF 18 million. Delivery and commissioning of the equipment is expected in the fourth quarter 2016. Together with the order which was already announced on June 23, 2016, this tier one Chinese customer has ordered diamond wire cutting technology and cell upgrade equipment totalling around CHF 40 million in the past month.
Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced the successful conclusion of a further large contract with a Chinese tier one supplier of solar products and solutions for the delivery, installation and commissioning of the MAiA 2.1 system platform with the mass production scalable MB PERC technology.
With its industrialised MAiA 2.1 cell production platform, Meyer Burger continues to support its customer in the expansion of its production volume of high quality solar cells to ensure increased delivery of solar modules in the international PV market. Delivery and commissioning of the equipment is scheduled in the fourth quarter of 2016. The volume of this contract amounts to around CHF 18 million.
For further information, please contact:
Ingrid Carstensen
Corporate Communications
Phone: +41 (0)33 221 28 34
ingrid.carstensen@meyerburger.com
About Meyer Burger Technology Ltd
www.meyerburger.com
Meyer Burger is a leading global technology company specialising on innovative systems and processes based on semiconductor technologies. The company’s focus is on photovoltaics (solar industry) while its competencies and technologies also cover important areas of the semiconductor and the optoelectronic industries as well as other selected high-end markets based on semiconductor materials. The company currently employs over 1,500 people across three continents. Over the past ten years, Meyer Burger has risen to the forefront of the photovoltaic market and established itself as an international premium brand by offering superior precision products and innovative technologies.
Meyer Burger’s offering in systems, production equipment and services along the photovoltaic value chain includes the manufacturing processes for wafers, solar cells, solar modules and solar systems. Meyer Burger provides substantial added value to its customers and clearly differentiates itself from its competitors by focusing on the entire value chain.
The company’s comprehensive product portfolio is complemented by a worldwide service network with spare parts, consumables, process know-how, customer support, after-sales services, training and other services. Meyer Burger is represented in Europe, Asia and North America in the respective key markets and has subsidiaries and own service centres in China, Germany, India, Japan, Korea, Malaysia, the Netherlands, Switzerland, Singapore, Taiwan and the USA. The company is also working intensively to develop new markets such as South America, Africa and the Arab region. The registered shares of Meyer Burger Technology Ltd are listed on the SIX Swiss Exchange (Ticker: MBTN).
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